With an aim to spread network of its diabetes care programme, healthcare major Apollo Hospital has announced its plan to open 500 sugar clinics across India.
Confirming the news, Gagan Bhalla, Chief Executive Officer, Apollo Sugar told PTI, "We plan to open 500 Apollo Sugar Clinics across the country and outside by the end of 2019. We will be having 50 clinics in the country by the end of this year.”
Significantly, Apollo has signed a joint venture with leading pharma firm Sanofi in the end of September this year to spread diabetes care programmes, aiming to offer patients integrated, advanced care and counseling to better manage their conditions.
Currently, the company has its sugar clinics in Hyderabad, Chennai, Bengaluru, Delhi, Kolkata, Ahmedabad, Indore, Karimnagar, Pune, Kakinada, Nashik, Tiruchirappalli, Raipur, Bilaspur, Bhubaneshwar, Mysore, Visakhapatnam and Madurai.
Nevertheless, the healthcare provider is mulling expansion outside India in the West Asian countries, confirmed Bhalla.
Regarding the investment required for the proposed expansion, Bhalla further told PTI, “On an average, an investment of Rs 50 lakh is required to open a clinic, but it varies depending on the locations. It would be financed through the funds from Apollo Hospitals Group.”
Apollo Sugar is part of Apollo Health & Lifestyle, the arm of Apollo that is primarily into healthcare.
